Credit Suisse Boosts S&P 500 Price Target 15% As Bank Sees 'Too Much Pessimism On Tapering'
June 05, 2013 at 10:37 AM EDT
As the U.S. stock market trades near record highs, Credit Suisse has boosted its year end price target for the S&P 500 as the bank sees overdone pessimism on tapering fears and better earnings revisions. The bank also posted a price target for the end of 2014 that implies about